LeBron James Net Worth

LeBron James net worth, biography, age, wife, height, weight, and many other details can be found on this page. LeBron James is an American professional basketball player whose total wealth is $1 billion. We will tell you where this money came from and how, but before that, let’s share some interesting facts about him.

What is LeBron James Net Worth?

LeBron James is a professional basketball player and businessman from the United States who has a $1 billion net worth. After making waves in high school basketball, LeBron skipped college and was drafted as the #1 pick by his hometown team, the Cleveland Cavaliers, in the 2003 NBA Draft. He played for the Cavs from 2003 to 2010. Later, he moved to Miami where he played for the Heat from 2010 to 2014. He led the Heat to NBA championships in 2012 and 2013. He returned to the Cavs from 2014 to 2018, winning the championship in 2016. In 2018, he joined the Los Angeles Lakers and clinched the championship in 2020.
At the time of this writing, he is the third-highest-paid player in the NBA in terms of salary alone. His annual base salary is $46.9 million. On February 7, 2023, he surpassed Kareem Abdul-Jabbar to become the all-time leading scorer in the NBA.

Defying Trends in Media

It’s quite unusual that in the era of television media, people have stopped reading magazines. However, appearing on the cover of Sports Illustrated is still considered a big deal. When LeBron James was in high school, he secured a spot on the cover of Sports Illustrated.

A Twist of Fate in Sports Choice

Luckily, LeBron James pursued basketball; otherwise, at one point, he could have become a major football player. During his high school days, he excelled in both football and basketball. But as soon as the football season began, he suffered a wrist injury that prevented him from playing football that season.

Beyond Sports

LeBron’s earnings skyrocket outside the court, making him one of the highest-earning and most influential personalities globally. He earns over $60-90 million annually from endorsements and has a lifetime deal worth $1 billion with Nike. He has transformed his fame and wealth into a real business empire with investments in various startups. He is a partial owner of Liverpool F.C., Boston Red Sox, New England Patriots, Roush Fenway Racing, A.C. Milan, and Pittsburgh Penguins.
With his current earnings and investment pace, LeBron James is on track to become a billionaire by 2035.

LeBron James Annual Income

LeBron James makes about $45 million from his NBA contract and another $55 million from endorsements each year. His annual earnings now exceed more than $100 million. In the period from June 2016 to May 2017, he made $86 million. His income from June 2017 to June 2018 was $85.5 million. In the period from June 2018 to June 2019, he earned almost $85 million. His earnings surged to $121.2 million from June 2021 to June 2022. Due to his on-court salary and endorsements for the 2022-2023 season, his latest earnings are $119.5 million.

Career Earnings

During his first ten seasons in the NBA, LeBron James earned over $126 million in salary alone. During the same period, he made an estimated $326 million from endorsements. As a professional, his first decade brought in $452 million. LeBron signed an $85 million extension with the Lakers for two years. In August 2022, he signed another two-year deal with the Lakers, this time at a cost of $99.02 million. By the end of his contract in 2025, LeBron will have earned more than $530.8 million in NBA salary alone.
As of now, LeBron has earned slightly over $800 million from endorsements and contracts throughout his career (before taxes and expenses).

LeBron James Early Life

In Akron, Ohio, on December 30, 1984, LeBron James was born. As a baby, LeBron was introduced to basketball by his mother, who provided him with a small hoop and a ball. Even at that young age, he spent hours playing. His affinity for basketball continued to grow, and as he progressed to elementary school, his skills on the court became evident. LeBron attended St. Vincent-St. Mary High School, where he made history as the youngest person to join the USA Today All-USA First Team as a sophomore. He was also named the Gatorade National Player of the Year during his junior year. During this period, he earned the nickname “King James.” Magazines like “SLAM” and Sports Illustrated featured him on their covers, even though he was still in high school. Everyone knew that LeBron would go on to become a star in the NBA.

NBA Journey

LeBron James was chosen as the first overall pick in the 2003 NBA Draft by the Cleveland Cavaliers. In his debut season, he became the youngest player to score 40 points in a single game and was also the youngest player to win the Rookie of the Year award. Apart from his time with the Cavaliers, he also represented the United States Olympic basketball team, winning bronze and gold medals in the 2004 and 2008 Olympics respectively. The years 2012 and 2013 saw LeBron and the Miami Heat clinch NBA championships, with him being named the Most Valuable Player (MVP) of both series.

Personal Life and Real Estate

Off the court, LeBron James shares his life with his high school sweetheart, Savannah Brinson, with whom he has three children. The couple tied the knot in September 2013 in San Diego, California.

• During his time in Miami, LeBron resided in a mansion in Coconut Grove, overlooking Biscayne Bay. He purchased the home in November 2010 for $9 million. Despite attempting to sell it for $17 million in October 2014, he eventually settled for $13.4 million in August 2015.
• In November 2015, LeBron acquired a 9,350-square-foot mansion in Brentwood, Los Angeles, for $21 million. At that time, it was the highest-priced home sold in Brentwood. He made efforts to sell it for about a year but accepted a minor loss when he sold it for $19.6 million in September 2021.
  In November 2017, LeBron earned $23 million for a new mansion in Brentwood.
• In September 2020, he made a payment of $36.8 million for a Beverly Hills mansion. However, in 2023, he decided to demolish the property to make way for his dream home.
• In Ohio, LeBron owns one of the most expensive homes in the Cleveland area. Situated in Bath Township, the custom-built mansion, appraised at around $9.5 million by Ohio officials, spans 30,000 square feet and boasts 20 rooms. He acquired this property in 2003, right after entering the NBA at the age of 18.

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